Here’s how Congress wants to combat withdrawals from retirement accounts: Members of Congress discussed ways to bolster a secure retirement for Americans, including making accounts portable after switching jobs.
How this 38-year-old emerged from ‘deep poverty’ to achieve FIRE in his 30s as a multimillionaire landlord: Real estate is one way to achieve financial independence at an early age, but it also takes a lot of work.
I’m 53, my wife is 54. Our $1.4 million retirement nest egg is 100% in equities and crypto. What should I do now for retirement?: Having more than a million dollars saved for retirement is great, but asset allocation might be just as important as the amount saved in this instance.
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More in retirement news:
Aon founder was bored by retirement, so he started over again (Bloomberg)
Retirement, death tax, bank reporting provisions stripped from reconciliation bill for now (Forbes)
Popular dumpster diving TikToker reveals she’s a banker who is trying to retire by 30 (New York Post)
Retiring? Here are the pros and cons of paying off your mortgage early (The Washington Post)
Thinking of retiring abroad? You won’t be able to collect Social Security in these countries (GOBankingRates)
Research and Insight:
Retirement security for gig workers shaky, even with spouse’s employer-sponsored plan (BenefitsPro)
Millions of baby boomers retired early during the pandemic (Axios)
How many retirement accounts should I have? (The Motley Fool)
AARP Retirement study shows 92% of voters want simplified savings through paychecks (Yahoo! Finance)
How employers can keep experienced older workers from retiring (Ohio State University)
To share with your family, friends and clients:
Enrolling in Medicare? Here are 6 things you need to know
Retirement isn’t the plan for ‘Sopranos’ star and E Street Band member Stevie Van Zandt
KPMG employees will get automatic employer 401(k) contributions — without a match — and many more benefit perks
Does it make sense to move for retirement?
Market fears of inflation are the highest in over 20 years — what should retirees do?
Scary press reports of Social Security affect worker behavior
We want to live in a medium-sized city close to the beach but without much traffic. Where should we retire?